Trade

Cambodia has imported 871,000 tons of petroleum in the first six months of the year, a 5.6 percent decline compared with the 922,800 tons at the same period last year, the figures of the Ministry of Commerce showed Monday. During the January-June period this year, the ...

Though U.S.-owned businesses in Cambodia are optimistic of the country’s economy, its appeal as an investment destination lags behind most of its neighbors due to the perception of endemic corruption, a new survey of 475 senior U.S. business executives in Asean shows. The 2013-14 ASEAN Business ...

Beer, whisky and strong, home-brewed moonshine have long been Cambodians’ favorite tipples, but with an ever-growing middle class, tastes are changing and if you’re part of the new elite, it is increasingly important to know your Pinot Gris from your Pinot Noir. To help enhance one’s ...

Cambodian and Chinese top diplomats on Wednesday pledged to maintain and further heighten bilateral ties and cooperation for the mutual benefits of the two countries and peoples. The pledge came after a bilateral talk between Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong and visiting ...

Ratchaburi Electricity Generating Holding will cancel its joint-venture agreement with KK Power to build a 1.8-gigawatt coal-fired power plant in Koh Kong province of southwestern Cambodia. Pongdith Potchana, chief executive of Ratch, said yesterday that the company had revised the plan after its analysis indicated that ...

The fourth annual Business and Culture Expo hosted by the Cambodian American Business Association, an event designed to bring together business owners, entrepreneurs and Cambodian community members, will be held Sunday August 25 in the parking lot of the Mark Twain Library. However, the event that ...

When Him Anna started to plant pepper crops seven years ago, she would have never thought that one day it would turn into a profitable business. Today, Anna is the chief executive officer of Bright Starling Holdings Co, which owns Starling Farm Kampot Pepper. Established ...

Cambodia has seen a 32 percent rise in dry rubber exports in the first six months of the year, according to the figures of the Ministry of Commerce on Tuesday. Revenues from the exports valued at 76.5 million U.S. dollars during the first half of ...

Kuala Lumpur (The star /ANN) — A country once torn apart by war is emerging as a key investment destination for small and medium enterprises. It was once home to a great civilization. In the 12th century, the Khmer empire was South-East Asia’s largest. Angkor was ...

Toyota Cambodia unveiled plans yesterday to add second-hand vehicles to its showroom in response to consumer preference for less expensive cars and a competitive grey market full of unauthorised dealers. Kong Nuon, chairman of Toyota Cambodia, the country’s largest car dealer, said that while demand for ...

Malaysian information technology service provider Dataprep Holdings Bhd is considering establishing a presence in Cambodia, the Malaysian Reserve reported Monday. “We are currently looking at increasing our presence in Indochina, ASEAN and China,” chief executive Ahmad Rizan Ibrahim was quoted as telling reporters Friday. ...

Phnom Penh’s garment factories are operating at a greatly reduced capacity as workers return home to the provinces in droves in response to the government’s decision to increase security after the opposition warned they plan to hold mass demonstrations against the election results. Ken Loo, secretary-general ...

The 8th ASEAN Ministerial Meeting for Social Welfare and Development will be held in Cambodia’s Siem Reap City from Sept. 3 to 7, according to a statement of Cambodia’s Ministry of Social Affairs released Thursday. ...

Japanese automaker Mazda opened its first showroom in Cambodia on Wednesday, making it the third foreign car company to move into the country since the beginning of the year. “Mazda starts selling in Cambodia from today,” said Chanthan Ngon, general manager of HGB Auto, the company’s ...

The governor-general of New Zealand, Lieutenant General Jerry Mateparae, began a four-day visit to Cambodia on Thursday at the invitation of King Norodom Sihamoni to promote bilateral relations between the two countries. “The visit reflects the priority New Zealand attaches to its relations with the ...

On May 16, immediately after the ceiling of a shoe factory collapsed in Kompong Speu province, leaving two people dead, promises were made to prosecute those responsible for the tragedy and to conduct a nationwide in­spection of all factories. “We will have a committee investigate clearly ...

Trade volume between Cambodia and Japan had grown 19 per cent in the first six months of 2013 compared with the same period last year, figures from the Japan External Trade Organisation show. Cambodian exports to Japan were up 31 per cent in the first six ...

For the first time since a railway rehabilitation project was launched in 2006, Cambodian rice is now being transported from Phnom Penh to the Sihanoukville port along the country’s southern line for export, operators Toll said on Wednesday. Speaking at the Phnom Penh cargo loading station, ...

The 3rd international industrial machinery and garment fair kicked off at Cambodian capital’s Diamond Island Exhibition Center on Thursday with the participation of about 240 exhibitors from 16 countries and regions. A variety of industrial machinery for the production of textile and garment, footwear, plastics ...

Government officials began inspecting markets across the country yesterday in search of baby formula containing an ingredient from New Zealand dairy giant Fonterra that could cause botulism, quality control representatives at the Ministry of Commerce said. “We informed all our officials directly to collect nationwide some ...

Bilateral trade between Cambodia and the United States has amounted to 1.44 billion U.S. dollars in the first six months of the year, up 2 percent compared with 1.41 billion U.S. dollars over the same period last year, the figures of the U.S. Department of ...

Malaysian companies have been urged to venture into Cambodia’s agriculture sector especially in paddy planting and opening up rubber estates. In making the call, Raja Saiful Ridzuan, Deputy Chief of Mission at the Malaysian Embassy here, said Malaysian firms, with its vast expertise in agriculture sector, ...

The Ministry of Health will investigate a baby milk formula sold in Cambodia that has been recalled over a risk it contains bacteria that causes botulism, an official said Tuesday. New Zealand dairy company Fonterra has advised eight companies that bought a whey protein concentrate produced ...

Cambodia’s Social Affairs Minister urged factory workers, employers and the public not to be concerned regarding the rumors of disorder and planned protests after the country’s recent parliamentary election. He appealed to all factories and enterprises within the country to proceed as normal. “The Cambodian government ...